Crypto exchange Binance challenges Facebook’s Libra with its own platform

Facebook’s Libra hasn’t even properly launched yet (and it won’t for many more months), and competitors are already cropping up. Binance, one of the world’s largest cryptocurrency exchanges by volume, has announced Project Venus, an initiative to create localized stablecoins — cryptocurrencies whose value is pegged to that of an asset such as gold or…

Facebook’s Libra hasn’t even properly launched yet (and it won’t for many more months), and competitors are already cropping up.

Binance, one of the world’s largest cryptocurrency exchanges by volume, has announced Project Venus, an initiative to create localized stablecoins — cryptocurrencies whose value is pegged to that of an asset such as gold or the U.S. dollar — all across the globe.

Like Facebook’s Libra, Venus is an open blockchain project, and Binance is seeking partners among governments and corporations to create stablecoins that will “empower developed and developing countries to spur new currencies.”

But unlike Libra, whose announcement was supported by a hefty amount of documentation, the details about Project Venus are scarce and boil down to a short a

Brooklyn Nets point guard Spencer Dinwiddie is playing a different kind of game. Last year, in a story about his love for bitcoin, Dinwiddie told Bleacher Report, I got a lot of ideas. But I can’t give it all to you because I haven’t even started them yet. …

Brooklyn Nets point guard Spencer Dinwiddie is playing a different kind of game. Last year, in a story about his love for bitcoin, Dinwiddie told Bleacher Report,
I got a lot of ideas. But I can’t give it all to you because I haven’t even started them yet.
…Read More

Armor has published its second annual report analyzing the activities of anonymous free markets operating on the dark web. The report was compiled by Armors Threat Resistance Unit (TRU), which trawled 12 English and Russian language darknet markets between F…

Armor has published its second annual report analyzing the activities of anonymous free markets operating on the dark web.
The report was compiled by Armors Threat Resistance Unit (TRU), which trawled 12 English and Russian language darknet markets between F…Read More

Bitcoin bears have come out of hiding over the last few weeks as the number one cryptocurrency struggles to stay above $10,000. Since the digital asset printed a 2019 high of $13,880 on June 26th, market participants started to feel jittery. In the last mont…

Bitcoin bears have come out of hiding over the last few weeks as the number one cryptocurrency struggles to stay above $10,000.
Since the digital asset printed a 2019 high of $13,880 on June 26th, market participants started to feel jittery. In the last mont…Read More